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"And many more at 3% to 7%
interest rate..."

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tri...@gmail.com
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contact Us via email: tri...@gmail.com.

"Portion of your taxes out of your paycheck every week so that you do..."

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Your tax rate depends where you live and what the size of the house. If you live in the USA and are making 100,000 per year in gross salary , you fall into the 25% per cent federal income tax bracket. This means that you would have to set aside 25,000 dollars for the IRS at tax time. However, most employers take a small portion of your taxes out of your paycheck every week so that you do not have a major lump sum due at the end of year. Also, your true taxable income is likely less than 100,000 because of exemptions and social security and or medicare deductions that are applied to your paycheck.

"If you living in the usa and making $100,000 per year in gross salary ..."

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Basically it depends upon the state you live. if you living in the USA and making $100,000 per year in gross salary , you fall into the 25% per cent federal income tax bracket. This means that you would have to set aside 25,000 dollars for the IRS at tax time. However, most employers take a small portion of your taxes out of your paycheck every week so that you do not have a major lump sum due at the end of year. Also, your true taxable income is likely less than $100,000 because of exemptions and social security and or medicare deductions that are applied to your paycheck.

"Portion of your taxes out of your paycheck every week so that you do..."

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Your tax rate bracket depends where you live. If you live in the USA and are making 50,000 per year in gross salary, you fall into the 25% per cent federal income tax bracket. This means that you would have to set aside 12,500 dollars for the IRS at tax time. However, most employers take a small portion of your taxes out of your paycheck every week so that you do not have a major lump sum due at the end of year. Also, your true taxable income is likely less than 50,000 because of exemptions and social security and or medicare deductions that are applied to your paycheck.

"Portion of your taxes out of your paycheck every week so that you do..."

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Its depends on your state of living. if you live in the USA and are making 100,000 per year in gross salary , you fall into the 25% per cent federal income tax bracket. This means that you would have to set aside 25,000 dollars for the IRS at tax time. However, most employers take a small portion of your taxes out of your paycheck every week so that you do not have a major lump sum due at the end of year. Also, your true taxable income is likely less than 100,000 because of exemptions and social security and or medicare deductions that are applied to your paycheck.

"Which is about 6700 a month and your mortgage interest rate is..."

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The answer depends alot on how much of down payment you plan on making. For example, if you are grossing 80,000 a year, which is about 6700 a month and your mortgage interest rate is 4% on a 30 year amortization, but you only put down say, $25,000, then the maximum home you can afford is about a 475,000 house. However, if you put down 100,000, then you can buy a $550,000 home. And if you put down 150,000, you could purchase a $600,000 home. You see, how it changes according to how much cash you put down?

"The great majority of people are not earning over 80,000 dollar per year..."

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In Canada, a 80K per year salary is definitely higher than average and it should afford you a more than modest quality of life in most cities, other than Toronto or Vancouver. Still, even in those Canadian cities, the great majority of people are not earning over 80,000 dollar per year, so you are still ahead of the game.

"Have the easiest approcach to pay your monthly installments..."

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Well i you can make the 80000$ per year then you can easily affor the mortgage of the house loan worth about 500000$. the reason for this is that your monthly income is 6666$ and you have the easiest approcach to pay your monthly installments. so you can afford the house even more than 500000$ if you increase the term of the repayment.

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i was in need of a loan and have been scam five times by online scammers , till a friend of mine directed me to
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i will advise everyone out there that need a loan to contact them via this CATHEDRAL CHURCH OF SAINT MARK'S LOAN FUNDING FIRM
here is their email----[] and help me to thank REV JOHNSON RAWSTHORNE,C.E.O of the SAINT MARK'S loan firm.
He is a GOD SENT

"If you are earning the 80000$ per year then you..."

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If you are earning the 80000$ per year then you can buy the car worth 80000$ car and for the exact downpayment and the loan period you should consult the bank so as to get the proper documentation about the details. you can also set the time period for 5 years or 7 years or other for the payback of the loan payment.

"This is an excellent gross income for the average person..."

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This is an excellent gross income for the average person. If you are making 80K, you are earning much more than what is typical of a worker in middle management. If you are a CEO, this is not such a great salary. Again, everything is relative.

The following questions have been merged into this one. If you feel any of these questions have been included in error help us improve our content by splitting these questions into seperate discussions. Please unmerge any questions that are not the same as this one:

How much does 80000 salary make after taxes?

What does an 80 000 dollar salary earn after taxes?

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What is my total amount in hand if you get 80000 dollars annually after pyainf all the taxes in usa?

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How much taxes are taken out of 80000 salary?

- 80000 salary taxes

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What would net income of 80 thousand a year?

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How much federal taxes would i have to pay of 80 000 in new york state?

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How much of 80 000 do i make after taxes?

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- Canadian taxes on 80 000 dollars

How much would i take home after taxes making 80k in nyc living in nj?